Uganda records increase in mobile transactions during the pandemic

Reports from Uganda shows that mobile money transactions totalled nearly five billion dollars in the last quarter of 2019. In the midst of the coronavirus pandemic, Uganda has embraced the digitalisation of the economy. In a society traditionally run by cash, people across the country have flocked to e-commerce platforms for contactless payments and purchases. Xente Tech is one of the firms providing these essential services. In an interview with Giokos, Xente Tech CEO Allan Rwakatungu explains the initial challenges in getting customers to convert, “Before the pandemic, we honestly…

NAIVAS OPENS NEW AIRPORT VIEW FOOD MARKET STORE

By Mourice Seretta Supermarket chain, Naivas, has opened a new branch in Nairobi. The 64th store is located on Mombasa road opposite the Syokimau Railway station and has been designed as a fresh food outlet to serve the burgeoning population of residents and businesses in the western side of Machakos County. It is the third store to open since March after Mountain view and Kilimani branches. Naivas Chief Commercial Officer Willy Kimani stated that the retailer had opened the branch that spots its flagship food market interior and a modernistic…